Brett Lee Ltd applies variable factory overhead on the basis of direct labor hours (DLHs). The company has the following
Posted: Thu May 19, 2022 3:48 pm
Brett Lee Ltd applies variable factory overhead on the basis of
direct labor hours (DLHs).
The company has the following variable factory overhead standard
to manufacture one cricket ball:
0.5 standard hours of labour per cricket ball at a variable
overhead rate of $10.00 per DLH.
Last month 55 DLHs were worked to make 100 Cricket balls, and
$539 was spent on variable factory overhead.
Calculate the variable overhead spending variance and
variable overhead efficiency variance.
direct labor hours (DLHs).
The company has the following variable factory overhead standard
to manufacture one cricket ball:
0.5 standard hours of labour per cricket ball at a variable
overhead rate of $10.00 per DLH.
Last month 55 DLHs were worked to make 100 Cricket balls, and
$539 was spent on variable factory overhead.
Calculate the variable overhead spending variance and
variable overhead efficiency variance.